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    Macroeconomics Study Set 4
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    Exam 17: Money in the Open Economy
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    A Hard Peg May Be Achieved by
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A Hard Peg May Be Achieved by

Question 2

Question 2

Multiple Choice

A hard peg may be achieved by


A) establishment of a currency board.
B) following the rules of the Bretton Woods Agreement.
C) becoming a lender of last resort.
D) revaluation of the exchange rate.
E) government's printing currency.

Correct Answer:

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